
House Republicans claim they're about creating jobs by cutting spending. Several studies, now, including those of non-liberal groups, have crashed the party:
To quickly review, Moody's Analytics chief economist Mark Zandi, an advisor to the McCain/Palin campaign in 2008, found the Republican proposal would result in 700,000 fewer American jobs by the end of 2012. If follows data from the Center for American Progress, which found that the Republican budget plan would force roughly 975,000 Americans from their jobs. And just last week, economists at Goldman Sachs estimated that the GOP proposal would reduce economic growth by as much as 2% of GDP, which would cause the unemployment rate to go up about a point.
Jill Lawrence, meanwhile, goes a little further, and argues that "two independent economic reports, a liberal think tank and four bipartisan reports" all agree that "slashing federal spending this year could cause job losses and threaten the economic recovery."...
...And Lawrence and I both neglected to mention yet another report from the Economic Policy Institute, which evaluated the Republican plan and projected that "cuts of this magnitude would likely result in job losses of just over 800,000."
In case that's not enough, there's this.
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So what's the deal? Is it, in fact, a conspiracy? Are Republicans so cynical that they're attempting to put brakes on recovery so Obama will lose in 2012? Or is it just that they are so stuck on tax cuts and spending cuts that they'll them no matter the facts, helplessly, like some cosmically perverse form of OCD?
I'm guessing it's both. We've seen, over and over, teabagger willingness to lie about Obama's programs in order to defeat him at whatever cost. And, surely, by now all doubt has been removed as to their disinterest in facts that disprove their dogmata, whether about economics, climate change, or birth certificates. (Huckabee just came up with a new take on that one.) Either way -- or even if there's another explanation -- if they prevail, the country is surely screwed. And the thing is, these damaging cuts do practically nothing to address the deficit. They're simply cold-hearted and feckless symbolism, accomplishing only harm.












